ASSETS
INCOME
STUDENT
COMPLIANCE
WILDCARD
100

Asset self certification is allowed when?

What is when total non-necessary assets are less than current threshold?

100

This income verification no longer has to be within 120-days.

What is Social Security Awards Letter?

100

Which housing program counts excess student aid as income to the household?

What is the HUD program?

100

How many notices should be sent to a tenant under the HUD/COMBO program?

What is four?

100

Which asset category is always excluded as an asset?

What is Necessary Personal Property?

200

Number of checking account statements needed for verification when required to verify?

What is one?

200

This income verification can no longer be used to verify employment unless there is a special circumstance.

What is an employment verification?

200

How many exceptions does the LIHTC student requirement have?

What is five?

200

How often should waitlists be purged?

What is once a year?

200

Tax Returns or refundable credits are subtracted from?

What is total net assets?

300

Passbook rate for 2026

What is .40%?

300

This form is required when obtaining pay stubs for new move ins and recertifications?

What is Employer/Applicant Pay Stub Questionnaire?

300

What is the name of the student act that is excluded?

What is Title IV HEA Assistance?

300

How many preventative maintenance inspection reports should be in the tenant's file?

What is one inspection report a year?

300

Which asset's value gets listed on a TIC/50059 regardless of whether it is below or exceeds the current threshold?

What is real property?

400

Under HOTMA, assets have been broken out into (3) categories.  What are the names of those categories?

What is Necessary Personal Property, Non-Necessary Personal Property & Real Property?

400

What is one of the excluded assets that must solely be counted as income, if income is received?

What is a 401K, IRA, 403b, 457a, etc.?

400

What kind of folder should tenant files be secured in?

What is a six-part folder?

500

What is no longer an asset?

What is 401k/retirement accounts?

500

Habitat America's new policy regarding the Zero Income Questionnaire states what?

What is any household member receiving no income must complete the Zero Income Questionnaire?